If you work on $10/bbl then the company is worth $240M (USD if that what Lew has used). It's at least 4c/share after the option dilution (using $240M AUD). You might have to wait until January or April quarterly reports before the brokers take notice, but it's a very safe doubler in a skittish market. The best inflation hedge around. This is a gimme and I don't usually buy oil shares because I know the risks involved.
Ann: Investor Presentation May 2022, page-56
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Last
51.5¢ |
Change
0.065(14.4%) |
Mkt cap ! $49.16M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 51.5¢ | 44.5¢ | $124.9K | 265.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 28946 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 1608 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| BRK (ASX) Chart |